Cerillion (LON:CER) Trading 0.1% Higher – Time to Buy?

Cerillion Plc (LON:CER – Get Free Report) shares traded up 0.1% on Monday . The company traded as high as GBX 1,060 and last traded at GBX 1,057. 247,455 shares were traded during trading, an increase of 81% from the average daily volume of 136,708 shares. The stock had previously closed at GBX 1,056.

Analysts Set New Price Targets

CER has been the subject of a number of recent analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 2,015 price objective on shares of Cerillion in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,575 target price on shares of Cerillion in a research note on Tuesday, June 2nd. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 2,060 price target on shares of Cerillion in a research report on Monday, June 29th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 1,934.

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Cerillion Price Performance

The company has a market capitalization of £312.25 million, a P/E ratio of 22.83 and a beta of 0.50. The business’s 50-day simple moving average is GBX 1,199.30 and its 200 day simple moving average is GBX 1,337.30. The company has a current ratio of 4.83, a quick ratio of 2.75 and a debt-to-equity ratio of 6.60.

Cerillion (LON:CER – Get Free Report) last posted its quarterly earnings data on Monday, June 1st. The company reported GBX 14.10 earnings per share (EPS) for the quarter. Cerillion had a net margin of 32.24% and a return on equity of 22.77%. The business had revenue of GBX 1,801 million during the quarter. As a group, sell-side analysts anticipate that Cerillion Plc will post 53.0708661 EPS for the current year.

About Cerillion

(Get Free Report)

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities.

Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.

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